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8-Unit Apartment Building Near Campus
For Sale
Contact for pricing
Pending

1711 Patterson St, Eugene, OR 97401

Eight-unit apartment building includes 2- and 3-bedroom/loft layouts, built in 1977, with alley access and parking.

Property Size7,944 SF
Lot Size0.20 Acres
Days on Market135

Property Features for 1711 Patterson St

General Information

Standard status Pending
Size 7,944 SF
Lot size 0.20 Acres
Property subtype Multifamily
Zoning R-3
Occupancy 100%

Additional Details

Multifamily Units 8

Building Details

Year Built 1977
Listing Agency: Evans, Elder Brown & Seubert
Listed By: Chip Radebaugh · License #201257459
Source: Crexi
Added: Apr 24 Changed: Aug 22 Last Checked: Sep 4 at 4:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Evans, Elder Brown & Seubert

Investment Insights

Based on property information with market context.

This 8-unit apartment building offers a mix of unit types, including four units with 2–3 bedroom/loft configurations and two bathrooms, as well as four units with 2 bedrooms and one bathroom. The property totals 7,944 square feet and was built in 1977. Current occupancy is reported at 100%, with 75% pre-leased for the 2026–2027 year.

The property sits on a 0.20-acre lot and is zoned R-3 with alley access. Public remarks note an “outstanding location” described as two blocks to the University of Oregon campus, and also reference abundant under-building parking. The lot includes over 2,500 square feet of excess land for infill building.

With its apartment mix, alley access, and parking availability, this is positioned as a stabilized residential income asset on a lot that may support future development based on the excess land identified in the remarks.

Key Highlights

  • 8‑unit apartment building at the University of Oregon; 2 blocks to campus
  • 4 units offer 2–3 bed/loft layouts with 2 baths; 4 units offer 2 bed/1 bath
  • 7944 total SF built in 1977 on a 0.20‑acre (8,712 SF) lot zoned R‑3 with alley access

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Auto Parts Store Storage Facility Pet Grooming Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,582
Businesses Nearby

Demographics for 97401, OR

45,634
Population
24,220
Households
1.9
Avg Household Size
32
Median Age
47%
College-Educated
96%
High-School Grad
9.3 sq mi
ZIP Area
4,907
Density / Sq Mi
$51,244
Median Household Income
$26,604
Median Earnings
$1,318
Median Rent
$472,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight-unit apartment building includes 2- and 3-bedroom/loft layouts, built in 1977, with alley access and parking.
Where is this apartment building located?
The property is located at 1711 Patterson St Eugene, OR.
What are key features of this property?
This property features: 8‑unit apartment building at the University of Oregon; 2 blocks to campus; 4 units offer 2–3 bed/loft layouts with 2 baths; 4 units offer 2 bed/1 bath; 7944 total SF built in 1977 on a 0.20‑acre (8,712 SF) lot zoned R‑3 with alley access
(541) 345-4860 Call to check price and availability
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